In the business sector risk is usually related with the interests of stakeholders. The appearance of risk cannot be excluded – in fact there is no mechanism or policy that can guarantee the elimination of risk in various social, scientific…
ress the various aspects of risk; indicatively, risk theorists have referred to risk as an indication of ‘moral hazard or conflict of interest’ (Roy, 2008, 122); from another point of view, emphasis is given on the emergent character of risk (Guerden, 2003, 78) – in terms that if there is no appropriate plan of action the occurrence of a disaster can lead to severe damages. Current paper focuses on the examination of risk management in banks; a specific part of these businesses’ activities is examined – the management of personal data of customers. It is proved that the risk involved in the management of customers’ data in banks can be significant; however, with the implementation of appropriate policies this risk can be limited – the use of risk management cycle for the control of risk involved in the management of personal data of customers in banks has been proved to be the most appropriate solution for addressing the specific problem. Relevant literature is also used in order to highlight the various aspects of risk in the specific sector but also to evaluate the effectiveness of risk management cycle in relation with the specific business sector.
The management of data in banks is a demanding task; the management of personal data of customers – which is the issue under examination – often fails to meet all the standards set by the principles and rules governing the specific sector. The above failure is usually related with the high cost of systems required for the effective administration of the specific business activity; however, if appropriate risk management plans are implemented in advance the risk related with the management of data in banks is minimized. Quite often, personal data of customers are lost during the transactions developed in financial institutions – often the personal data of customers are lost even if no transaction takes place – i.e. while being stored in a bank’s database; therefore, the use of risk management ...
Cite this document
(“Analyzing a disaster Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/385788-analyzing-a-disaster
(Analyzing a Disaster Essay Example | Topics and Well Written Essays - 2000 Words)
“Analyzing a Disaster Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.net/miscellaneous/385788-analyzing-a-disaster.
The simulation also aims at restoring the normal living standards within the shortest time possible to the population affected. Tasks A public health officer is responsible for giving information during emergencies. The public health personnel provides to the public and collaborating agencies accurate information as to how the calamity has affected the region and the necessary emergency measures that have already been taken to bring the situation under control.
In its course of journey from southern Bahamas to Florida, the hurricane caused dramatic effects causing damage of more than 200,000 residences only in the state of New Orleans (Cashell & Labonte, 2005). With due consideration towards the aspect of continuous destructive impact of Hurricane Katrina, the paper will be focused on evaluating the various responsive steps taken by the Government, Non-Governmental Organizations (NGOs) and other volunteer groups against the devastation that had taken place in the region.
The most important ethical conflict identified in relief planning is that underdeveloped communities around the globe are excluded from relief management practices on the ground of caste discrimination. According to National Dalit Watch-National Campaign (n.
This brief report begins by describing a disaster that has occurred in the recent past, how a federal agency responded and factors that could have been accounted for to increase the effectiveness of the response. Additionally, the paper describes other disaster scenarios, their possible impacts, and actions that government with the help of other agencies could adopt to respond to diverse disasters, thus, helping affected communities to recover from the resultant damage.
We are going to look at what parts of the cycle can best handle different situations, and how and why they are best suited for those tasks when it comes time to have them completed.
The Migation Phase is the phase most often associated with planning and preventing disasters.
During emergencies, there will be always a false time pressure created by various stakeholders for the sake of individual benefit or for the benefit of a particular section.
Ruskin has explained three major styles of decision making. However, he emphasised that, for making an affective decision, it is important to understand when to make a decision by Consensus, Consultation, or Command.
However, over the few years, the situation has changed. Management of corporations are taking this matter at a corporate level. The line managers of various departments now realize that they can never be sure about safety from disasters. Therefore organizations such as NIST have outlined several disaster recovery best practices in order to help companies implement a contingency plan.
In its course of journey from southern Bahamas to Florida, the hurricane caused dramatic effects causing damage of more than 200,000 residences only in the state of New Orleans (Cashell & Labonte, 2005).
With due consideration towards the aspect of
There are two important races are included under the title Butte 100, 50 mile edition and both of them are abit challenging. Both of the races utilize the nationally recognized Continental Divide National Scenic
A disaster causes a disruption in any business enterprise for either the entire business or part of its productions. Either way, it causes loses in revenue to the firm. Every business subsystem as well as operations should have an efficient
2 Pages(500 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Analyzing a disaster for FREE!